Aramco seeks foreign partners to expand oil stockpiles as exports hit five-month high
Aramco responds to energy incidents six times faster than the industry average, helping Saudi restore oil output to around eight million barrels per day...
Tag : oil
Saudi boosts oil output despite Iran disruptions, targets 10 million bpd export capacity
The Kingdom pumped 8.372 million barrels per day in September, up well over two million bpd from August, stated OPEC+ data...
Gulf oil exports return to pre-Iran war levels as Aramco chief warns of depleted stocks
Saudi Arabia drove a sharp recovery in energy exports in September, with shipments rising by about 4.2 million bpd from August to 6.6 million bpd...
Iran war: Middle East oil exports recover, LNG traffic gains momentum
While Saudi Arabia and the UAE led the export rebound, a recovery in energy flow via the Strait of Hormuz played a big role as well...
Kuwait’s oil output, trade rebound as US-Iran deal eases Gulf tensions
Kuwait's crude oil production rose sharply to 1.65 million bpd in June from May's ratio of 580,000 bpd, with the OPEC member also boosting its exports...
Kuwait’s Q1 2026 trade exchange falls to 7.2 billion dinars, says government data
Total exports dropped by 20.5% to 4.502 billion dinars from 5.66 billion dinars in the Q1 2025. Imports declined as well, falling 12.3% to 2.734 billion dinars...
Despite geopolitical disruptions, OPEC sticks to robust oil demand outlook
OPEC has steadily increased its long-term oil demand forecast since the COVID-19 pandemic, which in 2020 had prompted a demand contraction...
Oil plunges new low amid US-Iran “peace deal,” investors remain cautious
The global energy market has lost millions of barrels of oil and gas supply due to the Iran war, as Middle East's energy facilities came under attack...
Iran war: Singapore’s oil product inventories slump to new low
Singapore's inventories of residual fuel totalled 14.84 million barrels during the week to June 10, hitting their lowest in close to eight years...
Uptick in LNG investments, gloom for oil: Key points from IEA report
IEA sees investments worth USD 2.2 trillion going to renewables, energy storage, power grids and low-emission fuels in 2026...